Knowledge Category: PCI

PCI Compliance Checklist

It’s more important than ever to ensure sensitive information is protected when conducting electronic transactions. The PCI DSS (Payment Card Industry Data Security Standard) is a set of security standards created by major credit card companies to help protect against credit card fraud and other security breaches. Adhering to PCI compliance standards helps ensure your business is taking the necessary steps to protect customer data and avoid costly security breaches.
Whether you’re a business owner, or simply interested in learning about data security, it’s important to be aware of PCI compliance and how you can protect your business and customers. Bookmark and refer back to this checklist so you can always have it handy.

PCI Compliance Standard

Data breaches are the enemy of the payments industry, but luckily the PCI compliance standard is in place to help. The PCI DSS (Payment Card Industry Data Security Standards) is a set of rules set by the PCI Security Standards Council to lessen the chances of data breaches.

The council is comprised of Visa, MasterCard, Discover, American Express, and JCB International, who share the goal of making payment processing safer for all involved. These are regulations that all merchants must stay compliant with in order to accept credit cards. Choosing not to stay PCI compliant is bad news for you and bad news for your business.

Payment Processors and Compliance

If you run an eCommerce shop, you are probably familiar with the term “compliance”. It’s a winding path for online merchants, as the card-not-present space presents more risk, threats, and security issues than face-to-face payments.

Payment Processing

In the era of omnichannel commerce, merchants need to streamline payments capabilities across every touchpoint: from brick-and-mortar to the web to apps and mobile pay. Today’s customers will not tolerate delays, and in a competitive marketplace, there are 100 retailers ready and waiting to scoop them up.